Property

A forthcoming report from the Building Societies Association (BSA) highlights the urgent need for substantial changes in the current housing market to facilitate the entry of prospective first-time buyers onto the property ladder, without compromising the prospects of future generations of homebuye

The property market across Edinburgh, the Lothians, Fife, and the Borders has shown encouraging signs, marked by increased confidence among homeowners and a surge in property sales volumes, according to the latest ESPC House Price Report.

Despite facing year of challenges such as inflation and interest rate hikes, the Scottish residential property market has demonstrated resilience, writes DM Hall managing partner John McHugh. He discusses a positive outlook for 2024 with stable conditions, increased cash buyers, and a shift toward u

Glasgow-based agency Rosevale Letting has grown its portfolio with the acquisition of several letting properties from competitor Ross Sales & Lettings, which entered liquidation last month. Riccardo Giovanacci, managing director of Rosevale Letting, said: "When the opportunity came up to acquire

ESPC has announced the launch of the third season of its podcast The ESPC Property Show, with the first episode launching on Thursday. Hosted by ESPC’s CEO Paul Hilton and Megan Milne, the third season of The ESPC Property Show is packed with episodes tailored to buying, selling, owning, and m

Scotland has seen an increase in annual £1 million plus house sales, reaching a new high of 506 transactions in 2023, up from 504 in 2022, according to property firm Rettie.

Average house prices rose £7,599 in Scotland last year according to analysis of the latest statistics by property firm DJ Alexander Ltd. The firm, which is the largest lettings and estate agency in Scotland, said that the latest data from the monthly house price index shows that between Januar

The average price of a property in Scotland in December 2023 reached £190,000, denoting a 3.3% year-on-year increase, according to the latest provisional statistics from the UK HPI.

The total value of all homes across the UK now stands at £8.678 trillion, with Scotland showing a 1.3% increase in total value and outperforming the rest of the UK, according to new research by Savills. Faisal Choudhry, head of residential research for Savills in Scotland, said: &ldq

Residential property sales in Scotland experienced an upturn in January, marking the first positive growth in over six months, as reported by the Royal Institution of Chartered Surveyors (RICS) Residential Market Survey.

New build starts in Scotland have experienced a significant decline of nearly a quarter over the past year, as reported by DJ Alexander Ltd. The property firm said that the latest quarterly housing statistics up to September 2023 showed that all sector new build starts fell 24.4% from 21,534 in 2022

Scotland's property sales volumes have gone up in the November 2023 – January 2024 period, according to the latest ESPC House Price Report.

New insights from the Aberdeen Solicitors Property Centre (ASPC) have revealed a 3.1% dip in property prices in the city over the past year, amidst this, a positive quarterly rise of 0.5% offers a ray of hope.

Scotland's average house price has grown by £43,381 from March 2020 to November 2023, according to data analysed by property firm DJ Alexander.

Savills latest analysis of UK residential market performance during 2023 has shown that while mortgage affordability has impacted the wider market, Scotland’s prime market has been the most resilient in the UK with a 1% increase in net agreed sales. This compares to -17% drop in prime UK regio